![]() ![]() In 2018, Cadent Gas Limited were awarded for being the top UK company for apprentices to work and amongst the top 20 companies for graduates. ![]() In 2017/18 Cadent Gas Limited replaced and improved 1,625 kilometres (1,010 mi) of mains pipe. The company was recently awarded ‘Most Supportive Employer’ by the National Autistic Society. Since the scheme began in 2014 an average of 71% of interns gained paid employment either with them or with other local companies, compared to the national average of 6%. It is an employee-led supported internship scheme for young people aged 17 to 19. It is founded on relationships with local schools, Dorothy Goodman in Leicestershire and Oakwood, Woodlands and Exhall Grange in Warwickshire. Cadent Gas Limited also sponsor ‘EmployAbility - Let’s Work Together’ scheme which changes young disabled peoples’ lives for the better. In 2017, the company launched a two-year fundraising partnership with Alzheimer's Society and committed to creating 1,000 Dementia Friends and also raising £100,000 company-wide for the charity. The company invests in raising awareness of the dangers of carbon monoxide poisoning through community and school initiatives as well as improving services to protect and support customers in vulnerable situations. In 2017/18 1.952 million gas emergency calls were answered. The company also manages the national gas emergency service free phone line on behalf of the gas industry in the UK, taking calls and giving safety advice on behalf of the industry. The company does not produce or own the gas that passes through their pipeline networks but 50% of UK gas customers are served by their pipeline system. ![]() The distribution network providers, one of which is Cadent Limited, are responsible for the safe and efficient transportation of the gas to the end consumer, on behalf of the chosen supplier. Following production and importation, all gas in the UK passes through National Grid's national transmission system, before entering the distribution networks. ![]() Ĭadent Gas Limited represents four of the eight gas distribution networks in the United Kingdom. The FTSE 100 firm recommended a final dividend of 37.60 pence, taking the full-year payout to 55.44 pence - up 8.8% year-on-year.Cadent Gas is a British regional gas distribution company that owns, operates and maintains the largest natural gas distribution network in the United Kingdom, transporting gas to 11 million homes and businesses across North West England, West Midlands, East Midlands, East of England and North London. The company said it expects its fiscal 2024 underlying earnings to be modestly below the year-ago level after the UK government changed its capital allowance regime from April 1. It has a target to reach net zero emissions by 2050 and is also seeking to improve its energy independence after Russia’s invasion of Ukraine sent energy prices to record highs. National Grid earlier this week set out priority areas to drive the net zero energy transition and on Thursday CEO John Pettigrew told Reuters the government and regulators need to act with "boldness and pace".īritain is scaling up renewable power generation such, as wind and solar, with a target to decarbonise electricity supplies by 2035 to reduce reliance on imported gas. businesses and a higher contribution from its National Grid Ventures unit, which includes the interconnector business. Profit was boosted by strength in its U.S. National Grid (NG.L), which runs Britain's energy systems and operates electricity and gas business in New York and Massachusetts, posted profit of 4.58 billion pounds ($5.78 billion) for the year ended March 31. May 18 (Reuters) - The chief of Britain's National Grid (NG.L) said on Thursday that urgent policy and regulatory reforms are needed for the country to hit its energy transition target, after the utility firm posted a 15% jump in annual profit. ![]()
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